BASF to sell Industrial Water Management to Degrémont

10:47 AM MDT | May 16, 2013 | Natasha Alperowicz

BASF has signed a contract to sell its subsidiary Industrial Water Management France (Lyon) to Degrémont, the water treatment specialist for local authorities and industrial customers, BASF announced today. Degrémont, a subsidiary of Suez Environnement, will continue operations at the production sites in Lyon and La Courneuve, France. Closing of the transaction is expected to take place during the third quarter of 2013. BASF provides a comprehensive range of water treatment chemicals and filtration technology for the industrial and...